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Trump's state capitalism comes to the oil industry with his unprecedented Venezuela deal
Source: cnbc.com
Geopolitics & WarEnergy Markets & PricesRegulation & LegislationInfrastructure & DefenseTrade Policy & Supply Chain
Trump’s Venezuela oil deal would give the Pentagon an equity stake in North America Blue Energy Partners (NABEP). NABEP received concessions covering up to 65B barrels of proved reserves, which could elevate it to the world’s second-largest oil company by size, a potentially significant strategic development with defense-linked exposure.
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